Quiz: Marginal, Average and Total Returns
AQA A level economics 7136 specification
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Building on what you've learned about production and productivity, let's test your knowledge of marginal, average and total returns!
What is the definition of marginal returns?
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Which of the following are true about average returns? (Select all that apply)
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When {{blank0}} of production are added, initially marginal returns {{blank1}}, but eventually they {{blank2}} due to diminishing returns.
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Match the items on the left with their correct pairs on the right
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Given total output is 120 units and 6 units of input are used, what is the average return?
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What happens to marginal returns as more units of input are added beyond the optimal level?
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Match the items on the left with their correct pairs on the right
Which of the following are examples of diminishing marginal returns? (Select all that apply)
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Which of the following best describes total returns?
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